The worst's over.

Market analysts say two signs of a bottom are the entrance of big institutional investors, because they hold stocks for the long-term, and high trading volumes during rallies.

Pension funds, mutual funds, and insurance funds began snapping up bargain stocks last week after sitting things out for a while, said Stuart Frankel & Co. president Jeffrey Frankel, who works on the floor of the New York Stock Exchange. And volumes on the New York Stock Exchange on Tuesday, Wednesday and Thursday of last week were about 7 to 8 billion shares -- similar to those when stocks plummeted the week before.
Crude oil has jumped 16 percent in the past three weeks,it means traders see demand trickling back. Growing demand means increasing industrial production.

Tracking the Dow On Friday.13/03/09.

9:30am:--Mild gap-up.

February Retail Sales declined just 0.1%, which was better than the 0.5% decline that was expected.
10:30am:--Early session high with bearish hammer.

The U.S. trade deficit plunged in January to the lowest level in six years. Economists had expected, they did not see the development as good news for the economy.
11:30am:--The bullish hammer & hangman pair.

Down it goes. With Bernard Madoff behind bars, investigators have their work cut out for them identifying who else may have been involved in his nearly $65 billion scam.

12:30noon:--Inverted bullish soldiers.

Up it goes as we ended the morning session.A judge said Friday he will decide within a week whether Bank of America Corp. has to turn over a list of performance bonuses given to the 200 highest paid employees of Merrill Lynch & Co.

1:30pm:--Retrace to MAV & a bearish hammer seen.

China raise warnings about what Washington's drive to spend its way out of recession might do to U.S. government debt, which Beijing holds in large quantities at the G20 meeting.

2:30pm:-2nd hammering to the MAV support line.

Benchmark crude for April delivery fell 78 cents to $46.25 a barrel on the New York Mercantile Exchange.

3:30pm:--Remains bullish above the MAV.

Near day's high.

4:00pm:--The dragonfly dojis.

Looks like the bulls are continuing their fiesta.
DOW GAINS 9 PCT FOR THE WEEK
The Dow's rise marked its highest close since February 25.

The overall candlestick pattern to date is shape like a bullish dragonfly doji.

Next 3rd Friday of the month will see the Dow Futures expiry.

High Volatility will set in again.